The government has fixed a lower sugar sale quota of 3 million metric tonne for the July-September quarter as against 4.4 million tonne during the previous quarter, an official statement said on Tuesday.
Changed economic environment, both domestically and globally, has prompted the RBi to scale up its monetary intervention, RBI deputy governor Rakesh Mohan has said.
World oil supply will rise more slowly than expected by 2013, leaving little spare capacity on the market despite weaker demand growth, the International Energy Agency said on Tuesday.
The productivity of public sector banks in 2007-08 increased significantly. Leading the pack was IDBI Bank which emerged the most efficient, leaving behind 25 other banks in the three parameters employed to determine the efficiency of India's state-run public sector
Bombay Dyeing Chairman Nusli Wadia and K Raheja Corp's C L Raheja may opt for an out-of-court pact to settle a dispute on the development of 200 acres of prime land in Malad, in the western suburbs of Mumbai, said
The worldwide softness in the sector has ensured there are few takers for these aircraft; those who had leased the aircraft to Indian carriers will invoke a hefty penalty if the machines are sent back to them.
ONGC Videsh, the overseas investment arm of state-owned Oil and Natural Gas Corporation, is one of 41 global oil corporations shortlisted by the Iraq government to develop its oil fields. Iraq has the world's largest proven oil reserves.
Jointly addressing mediapersons Hyderabad, Capt Christopher, Vice-president Flight Operations, Richard Hrische, Regional General Manager, Asia and Rajeev Nambiar, General Manager, India said that Airlines Network Streteches from Europe to Asia and Hyderabad is the eighth destination in India. The daily
If Monday saw long queues in front of most of the petrol bunks in the city of Chennai, Tuesday saw most of them closed with the sign, 'No petrol. No diesel.'
The wealth management platform with a host of unique features would be available to high networth individuals having investible surplus of over Rs 25 lakhs (Rs 2.5 million), Reliance Money CEO Sudip Bandyopadhyay told reporters. Currently, high networth population of
Tata Motors' Rs 1-lakh car Nano will dramatically change the company's market position, reach and visibility, although high fuel prices have cast a cloud on overall vehicle sales, company chairman Ratan Tata said on Tuesday. In his statement to shareholders
In a major development, the Securities Appellate Tribunal on Monday remitted back the case related to the Karvy Group in the IPO scam to the Securities and Exchange Board of India and asked the regulator to pass three separate orders
Oscar Stohler was raised in a sod house in western North Dakota and ranched there for nearly seven decades. He never gave much thought to what lay below the grass that fattened his cattle.
Iran on Tuesday indicated that it may be willing to change the delivery point of gas it wants to sell to India through a pipeline passing through Pakistan, but wanted New Delhi and Islamabad to decide quickly on the $7.4
The revenue of telecom services, including that of cellular, fixed line, national long distance, international long distance, broadband, radio trunking and VSAT services, has risen to Rs 1,30,561 crore, registering a growth of 21.3 per cent, a survey by Voice
Some of the significant deals include private equity firm FMO's 14.48-million-dollar investment in Magma Leasing, Singapore based investment group Orient Global's 26.88-million-dollar investment in domestic brokerage firm India Infoline, ICICI Venture's $44.57-million investment in Centurion Bank of Punjab and French
Apopular game this summer among watchers of the Chinese economy is to guess the size of speculative capital or "hot money" flowing into the country. One clue is that although China's trade surplus has started to shrink this year, its
Vijaya Bank on Monday said that it would open five new branches in Punjab in current financial year. It was stated by bank's Deputy General Manager, B. S. Rai here on Monday. Currently, Vijaya Bank has 25 branches in Punjab.
